with us is ann miletti who brought the cold weather with us from wisconsin, tom carston from carston advisors, lance roberts from fta wealth management, chris bidleson and rick santelli standing by in chicago. ann, we're all focusing on the, and the fed. they meet again tomorrow. which is more important? i mean, what are you watching to tell you where to put money for your clients right now? >> i think earnings are the most important thing to focus on, bill. i mean, it's really the fundamentals that matter the most for us. everybody knows rates are going up. it's just a kind of a matter of timing and how quickly it will happen and how controlled it will be, so it's the timing question as it relates to the fed. for the companies it's fundamentals and so far i like what we're seeing. >> it's so interesting though because we're talking about everybody knows rates are going up and yet they haven't budged this year and just earlier today called cause and effect where they say if everybody is sure bonds are not buying them, they are not sure who is. their answer is it's probably foreign ba